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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Consolidated Statements of Income [Abstract]    
Net sales $ 100,894 $ 107,641
Cost of sales 49,100 54,380
Gross profit 51,794 53,261
Selling, general, and administrative expenses 32,565 28,912
Operating income 19,229 24,349
Interest expense, net 5,196 4,486
Investment income (78) (25)
Loss on extinguishment of debt 0 5,706
Income before income taxes 14,111 14,182
Income tax expense 3,340 2,654
Consolidated net income 10,771 11,528
Net loss attributable to non-controlling interest (227) (255)
Net income attributable to Turning Point Brands, Inc. $ 10,998 $ 11,783
Basic income per common share:    
Net income attributable to Turning Point Brands, Inc. (in dollars per share) $ 0.60 $ 0.62
Diluted income per common share:    
Net income attributable to Turning Point Brands, Inc. (in dollars per share) $ 0.55 $ 0.57
Weighted average common shares outstanding:    
Basic (in shares) 18,257,695 19,093,961
Diluted (in shares) 21,749,510 22,665,067